sales development success
TRANSCRIPT
The new standard in user feedback
Sales Hacker Series AmsterdamRoel Jansen, CCO Usabilla
May 28th, 2015
Sales Hacker Series Amsterdam, May 2015
1. About Usabilla & Company History2. Sales Process 3. Suspect Phase4. Lead Generation Phase5. Social Selling6. The Power of Referrals7. Structure of the Online Demo8. Closing Learnings from Usabilla
Agenda
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• Founded in 2009• HQ in Amsterdam• 27 FTE• Profitable• Triple digit growth• 15% revenue from NL, 20%
from US, rest globally spread• Open positions…
Facts
About UsUsabilla - the new standard in user feedback
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Company historyUsabilla
• Founded by Paul Veugen• ABN AMRO Summerschool &
Tilburg University Starterslift
Founded
2009
• Seed Investment by founders of Funda• Building first prototypes• Small team of 4 FTE (2 in NL and 2 remote)
Start
2010
• 1M USD raised by informal investors
• Scaled the team to 10 FTE• Hired Marc van Agteren as CTO
Series A Investment
2011
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• Launch of a new product: Usabilla Live• Commercial focus, downsize the team• Change in management, Paul steps back,
Marc CEO, Roel Jansen hired as CCO.
Pivot
2012
• Enterprise software sales take off• Focus on the Usabilla Live product• Growth of the sales team with 3 FTE
Break-even & profitable
2013
• 300% growth in revenue• Hire more engineers, replace and add
new sales reps, customer succes • International growth
Exponential growth
2014
• Grow the team to 27 FTE, of which 8 Sales and 2 Succes
• Open sales office in NYC• 300% growth in revenue
Growth and expansion
2015
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Business Sales Process
Suspect Online Demo Trial preparation Trial Contract Negotiation
OrderLead generation
•Industry(Ecommerce)•Size(500Kpageviews)•B2Cpreferably•Customerlogin•Strategicvalue
•Marketing/analyticsbudget•OpentoshareDMU•OpentoshareBusinessGoals•Opentoagreeonaddedvalue•Correctivewebsitechanges•Careforfeedback•Resources,Personnel+Financialfortrial
•DMU•Cleargoals,smartfortrial(qual.+quant.)
•Completedvaluematrixforctcperson
•BusinessGoals
•Tickedchecklistwithtimeline•Ourordervalue•Halfwaycallscheduled•Trialobjectivesclearandsmart
•Technicalimplementationpossible
•CompletedvaluematrixforallDMU
•DMUinvolvedintrialset-up•Allocatedbudget•Securityissue
•Resultsarefittingobjectivesfirstset
•Offerapproved•Budgetapproved•Termsandconditionsaccepted
•Startingdatecontractknown•Signature/PONumber
•Demoagenda•Solutionpainpointsacceptance
•Valuematrixcompletion•Managingexpectationsaboutprocess
•Agreeonthetimeline•Discusspricing•Discussexact#pageviews
•Goalsetting•Definesuccess•Whatiftrialisasuccess•Admin/techn.•Accountcreation•Buttoncustomisation•Surveyset-up•Halfwaycallschedule•Defineactivitiesforcustomer+Usabilla
•Halfwaymeeting•Optiomizetrialorgetorder•Proofofconcept•‘Canwe’fase•Startdate
•Proposal•Contractsigned•Differentdepartmentslegal/security/privacy
•Demoscript•Examples•Overlay•Buttonbrainstorm•ROIvalidation•Debriefingdocument
•Scriptedemails•Resourcecheck•Gregschecklist
•Champagne•Createfeedback•Canwe’fase…readytoupsell•Superfastcommunication
•Gettingintouch•Identifypainpoints•DMUselection
•InPipedrive
•Pipedrive•LinkedIn•Google•Datebases•Alexa•Crunchbase
•LinkedIn•Coldcalling•Referral•Networkbuilding•Valuematrix•Scriptedemail•Website•Followupemail
Criteria per phase
Customer contact
Tools
1 2 3 4 5 6 7
Sales Process@ Usabilla
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Business Sales Process where you outline everything:- Prospecting- The elevator pitch- Activities - don’t be afraid to manage them (# outbound calls, # demo’s, etc.)- Calling best practices- Scheduling demos- Demo scripts- Email templates- Daily and weekly schedules (salesmeetings, one-on-ones, blocks in personal agenda’s)- Team structure- CRM - If it’s not in there, it never happened…
Sales Development SuccesOutline everything in a ‘Playbook’
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“New customers come from the actions of past customers”
Industry & vertical
Funding & market cap
# employees
Geography
Role
Budget
LinkedIn, LinkedIn Groups
Crunchbase
Conference attendee/ exhibitor lists
Angellist
Similarweb
Suspect PhaseDefine who you are targeting
Eric Ries
Ideal Customer Database
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1. Prepare before you reach out to someone.
2. In order to have engaged selling time, always check before contacting whether your prospects wants to be contacted via phone, email or Inmail.
3. Look back: why did your customer choose for you? Than reach out to others with that reason.
4. What is the purpose of the first sentence in an email? To read the second…!
5. Don’t forget to always act as if you’re big…! Don’t say you’re a startup.
Why buy anything?
Why buy from your company?
Why buy now?
Hyper personalise
Template (with dynamic fields)
Personalise with dates
Lead GenerationOutreach
Sales 10 / 80 / 10
Some ‘hacks’…
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1. Appeal first to the emotional part of the brain:- Personal interests- School pride- Articles and posts- Recommendations- Achievements
can also be ‘warm’.A cold outreach
2. … before challenging the logical part of the brain:- Insights- Data- Rankings
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Question: By spending 10% more time on what can you increase sales revenue by more then 10%?
Sales Timeis the most precious commodity.
Q
A Answer: Engaged selling time per seller
= engaged selling time
Establish a professional presence on LinkedIn with a complete profile
Prospect efficiently with powerful search capabilities (LinkedIn SalesNavigator)
Discover and share valuable information to initiate or maintain a relationship
Expand your network to reach prospects and those who can introduce you to prospects
Create a professional brand
Find the right people
Engage with insights
Build strong relationships
Prospecting
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Selling trough relationships - introductionsRemember: we are asking for a
Social SellingDisrupt the ways you conduct selling
Request intros when they have the most impact
SILVER BULLETS
Offer to ghost-write the intro email
MAKE ITEASY
Close the loop with the introducer
FOLLOW - THROUGH
favour
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Fast and lightweight, yet powerful
Best used on less senior prospects or if connection is tenuous
Appropriate to namedrop without permission
“I saw you’re connected with… how did you meet?”
Selling trough relationships - name dropGet the value of an intro with a fraction of the effort
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Referral leads convert 30% better
5 times happier with B2B purchases.
than leads generated from other marketing channels.
Peer recommendations make buyers
84% of the B2B decision makers 16% higher lifetime
value.start the buying process with a referral.
Referred customers have a
(Most Important Leads)
Your customers are your only unique asset…Are you investing enough to strengthen that relationship?
Customer Marketing
Referrals are your MILs.
The Power of ReferralsSurround selling
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Track advocates in your CRM
Connect with customers and end users
Surround prospects with social proof
Building the Referral Engine
1
Use connectionsUse your existing connections, to refer to your prospects. Note: you don’t need to be in the middle.
2
Use historyTry to get introduced via a former employee of your prospect to whom you are connected.
3
Use geographyIf you’re planning a visit to a certain city, ask your contacts for recommendations.
4
Be a matchmakerIntroduce similar profiles to one another (without a direct personal gain).
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Share THEIR contentShare ‘connected’ content. Send blogposts or comments on them, to your prospect.
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The best logo slide everUse relevant and happy logos. Encourage prospects to reach out to these customers who are in the same industry, geography or at prior companies.
6 ‘hacks’ for getting referrals
The Direct Ask
The Indirect Connect
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When a prospect says ‘NO’ to you…Ask for a referral! Who would be a good contact (at company x) to talk to about our solution…?
When asking for referrals, make it easy. Be very specific with whom you want to get in touch, ‘ghost write’ the email and always ‘close the loop’ (thank them for the referral).
Some referral ‘hacks’…
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Online Demo - Structure GROW ROI
G
GoalsWhat objectives does the prospect have for himself? For the business line? For the organisation?
Roadmap
R
What does the path to accomplish these goals look like?
Obstacles
O
What challenges does he anticipate along the way? Are there challenges he might be unaware?
Widen
W
Reframe the conversation. Help understand that the problem and solution are larger and more significant than anticipated.
Reference
R
Teach trough storytelling. Be relevant.
Outcome
O
What impact did your solution have?
Introduce
I
The process, the expectations (ROI) and the next steps.
TeachLearn
Sales Hacker Series Amsterdam, May 201518
What have we learned…Some closing remarks from Usabilla
EU countries are segmented and it takes a long time to developyour sales, US is more ahead and is an easier sell.International Focus:
Why not?External coaching.
Team Fit.Crucial when hiring: And make sure sales & operations actually bond.
Focus early on renewals and start with a Customer Succes Team.
Trade shows:go for them or not?
Increase deal sizes: crucial for exponential growth!
Demo’s and client meetings via screen sharing or in-person?